Top 7 Ways to Save Money on Car Insurance in Coloma

Overpriced car insurance can drain your personal savings and force you to make sacrifices. Shopping your coverage around is a smart way to tighten up your finances.

Consumers have many to pick from, and though it is a good thing to have multiple companies, it can be more difficult to compare rates.

Are you getting all your discounts?

Companies do not list every discount very clearly, so we break down some of the more common as well as the least known car insurance savings.

  • Government Employees - Active or retired federal employment can earn a discount up to 10% with a few car insurance companies.
  • Discount for Life Insurance - Some companies give a discount if you purchase life insurance from them.
  • Safety Course Discount - Taking a driver safety course could cut 5% off your bill if you qualify.
  • Multiple Policy Discount - If you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
  • New Car Discount - Insuring a new car is cheaper compared to insuring an older model.
  • No Accidents - Drivers who don't have accidents can save substantially when compared to drivers who are more careless.

Keep in mind that most credits do not apply to your bottom line cost. Most only cut individual premiums such as comp or med pay. Just because it seems like you would end up receiving a 100% discount, it just doesn't work that way.

Tailor your coverage to you

When it comes to buying adequate coverage for your personal vehicles, there isn't really a "perfect" insurance plan. Everyone's situation is a little different and a cookie cutter policy won't apply. For instance, these questions can help discover whether you could use an agent's help.

  • Do I have coverage for damage caused while driving under the influence?
  • What happens if I owe more than my vehicle is worth?
  • Should I rate my vehicle as pleasure use or commute?
  • What is the difference between comprehensive and collision coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Can I still get insurance after a DUI?
  • Will I be non-renewed for getting a DUI or other conviction?

If you don't know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

How can Progressive, Allstate and GEICO save drivers who switch?

Car insurance providers like Progressive, Allstate and GEICO consistently run ads on television and other media. They all say the same thing that you can save if you change to their company. How does each company make the same claim?

Different companies have a preferred profile for the driver that earns them a profit. For example, a driver they prefer could be over the age of 40, has no prior claims, and drives less than 10,000 miles a year. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably save when switching.

Potential customers who are not a match for these standards will be quoted higher prices which usually ends up with business going elsewhere. The ad wording is "customers that switch" not "everybody who quotes" save that much. This is how insurance companies can advertise the way they do. This emphasizes why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

Additional detailed information can be found at the Michigan Office of Financial and Insurance Regulation website. Consumers can download brochures, file complaints about an insurance agent or broker, discover disciplinary actions, and view agent and company licensing information.

Also read more on this online resource for car insurance quotes in Michigan and this list of insurance agents in Coloma.

Michigan car insurance quotes

Shop smart and save

As you go through the steps to switch your coverage, make sure you don't buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to regret that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

Affordable car insurance is attainable from both online companies and also from your neighborhood Coloma agents, and you need to comparison shop both so you have a total pricing picture. Some car insurance companies may not provide you the ability to get quotes online and these regional insurance providers work with independent agents.